But that is just part of the problem. Wealth is HIGHLY concentrated
among a very few people, and everyone else by and large either have no assets, or are leveraged and have very little equity. If liquid assets were measured, it would be even worse concentration.
And all trends are making this worse, including growing income disparity and because wealth grows from investment income, but only for those with wealth.
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In response to this post by JohnHoo2)
Posted: 01/29/2019 at 3:52PM